2016 TND to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 TND to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the TND to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 4.9994. Conversely, the yearly low was recorded on January 23, dropping to 3.0772.
This high-to-low spread represents a total annual volatility of 1.9222 VEF. From a start-to-finish perspective, comparing the January average rate of 3.0937 to the December average rate of 4.3236, the exchange rate registered a net change of 39.75% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 4.9994 was up 47.89% compared to the 2015 peak of 3.3805, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
TND to VEF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.9640, compared to 4.4581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4942 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 0.2730 VEF (High: 4.9994 / Low: 4.7264). On the other end, September was the most stable month, with a tight range of 0.0285 VEF (High: 4.5423 / Low: 4.5138).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.2380 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2016: 4.8629) against the same month in 2015 (average: 3.2683), the exchange rate shifted by +1.5945 (+48.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.1089 | 3.0772 | 3.0937 |
| February | 3.1594 | 3.0859 | 3.1248 |
| March | 3.1590 | 3.0814 | 3.1230 |
| April | 4.9834 | 4.9215 | 4.9545 |
| May | 4.9994 | 4.7264 | 4.8629 |
| June | 4.7306 | 4.5280 | 4.6248 |
| July | 4.5590 | 4.4591 | 4.5122 |
| August | 4.5653 | 4.5007 | 4.5308 |
| September | 4.5423 | 4.5138 | 4.5279 |
| October | 4.5355 | 4.4144 | 4.4640 |
| November | 4.4810 | 4.3283 | 4.3904 |
| December | 4.3573 | 4.2745 | 4.3236 |